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Aussie liquidator prevented from managing Decmil subbies retention fund

Court finds liquidator used retentions fund without first clarifying whether he could.

Will Mace
Wed, 03 Nov 2021

The liquidator of a failed local subsidiary of Australian construction giant Decmil has been prevented from managing a retention fund related to subcontractor work done on a terminated Department of Corrections project.

In a decision released this week, Justice Ailsa Duffy of the High Court at

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Will Mace
Wed, 03 Nov 2021
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Aussie liquidator prevented from managing Decmil subbies retention fund
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